TAKE 5 CAR WASH | $4,867,662 | 6.50% CAP
Marcus & Millichap is pleased to present for sale this Take 5 Car Wash located at 16100 FL 54 in Odessa, Florida. Odessa is a census-designated place in Pasco County, Florida with a population over 7,267. Odessa is located northwest of Tampa. Odessa is an area of open spaces, ranching, horse properties and in recent years it has seen a boom in suburban property developments as Tampa’s population continues to grow.
A few minutes from this Take 5 Car Wash is Rasmussen University with 8,469 enrolled students, Trinity College with 2,167 enrolled students and Florida College of Health Sciences with 700 enrolled students.
A few minutes from this Take 5 Car Wash Property is Asturia, a master -planned community west of Suncoast Parkway off State road 54 in Adessa and it is a 500-acre site offering multiple parks and green spaces. Many new home developments in this Asturia Area have sold out including Asturia Lake by David Weekley Homes, Lennar at Tarramor, Ryan Homes at Asturia, Bexley by David Weekley Homes, Mattamy Homes Lakeshore Preserve, and Birchwood Preserve by Pulte Homes among many, many other new developments.
Numerous apartment complexes surround this Take 5 Car Wash including Pier 8 at the Preserve with 350 rented units, Lantower, Asturia, Tuscan Apartments, The Iris at Northpointe, Mystic Pointe and Lakeside Walk. Hospitals nearby the property include St. Joseph’s Hospital North, Morton Plant hospital and HCA Florida Trinity Hospital.
The property benefits from the 54,000 vehicles per day on Florida 54 and the 66,783 residents in a five-mile radius with an average household income of $131,281. Equally, the expected 16 percent population growth expected by 2027 with further benefit the property.
Take 5 Car Wash is a national chain of express car washes that deliver fast, friendly, and convenient service. Take 5 Car Wash is part of the Driven Brands Family. Headquartered in Charlotte, North Carolina, Take 5 Car Wash is the largest express car wash operator in the United States with over 360 sites nationwide.